Management is essential for the organisation which are
(a) Non-profit organisations
(b) Service organisations
(c) Social organisations
(d) All of the above
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The Correct Answer for the given question is option (d) All of the above
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Answer Explanation for Question: Management is essential for the organisation which are
Management
Managing involves organizing, planning, directing, coordinating, and controlling all the necessary activities in an organization so as to achieve the desired goals. This is the foundation of any organization. When all devices within an organization are not suitably managed, the organization will not be able to survive.
A nonprofit organization should have a board of directors who provide the high-level monitoring and control. Members of the board can come from a variety of backgrounds, and they should have substantial experience in the social sector. Furthermore, nonprofits must have internal financial controls by auditing and monitoring the influxes and outflows of funds. In addition to meeting government requirements for compliance with all regulatory requirements, this is needed both from a process perspective and to meet the requirements of the Internal Audit Department.
Service organizations can be viewed as systems, and management is human activity (including design) to enable a system to produce positive outcomes. For serving the consumers in an effective way service organization should manage every activity related with its operation. The success of the service organization depends on the ability of the management of its organization.
In similar way, to meet the targeted tool social organization need management too. Organizations and businesses are created to meet certain needs and reach certain goals. Management helps companies to reach their goals faster. As a leader, you will have to work with people with different ideas. How can you bring people of different ideas together towards a common end? Management makes goal achievement possible because it allows employees to internalize the company’s culture. It also allows you to cut off actions that you don’t want around the company environment. When employees cooperate, it makes achieving goals easier.
Lastly,
I hope after going through this post you might have clearly understood the Question: Management is essential for the organisation which are
How are Principles of Management are formed?
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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